AgTech Startup Indigo Is Boston’s Newest Unicorn After $156M Series D

By Lucia Maffei

Boston-based Indigo announced Tuesday the first closing of $156 million in its Series D financing, doubling the company’s total capital raised to over $300 million. 

Since the latest round now has Indigo valued at $1.4 billion, according to a company spokesperson, the agriculture startup is officially Boston’s unicorn No. 7 – meaning it’s joining the club of private companies having valuations of at least $1 billion. The latest company that cleared the bar was Desktop Metal, thanks to its $115 million Series D in July.

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